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: the white house says president obama won't "stand in the way" of the short-term increase in the debt ceiling that's been proposed by house republicans. the move to extend the nation's borrowing limit for three months is set to come to a vote tomorrow. and that news has reassured markets that the risk is fading that the u.s. will default on its debt for the first time in its history. darren gersh reports. >> reporter: house speaker john boehner said republicans were willing to suspend the debt ceiling for three months. sending democrats to act. >> it has been nearly four years since the senate has done a budget. most americans believe you don't do your job, you shouldn't get paid. that's the basis. no budget; no pay. it is time for the senate to act. >> reporter: the white house called the move by house republicans "significant," though the administration still argues a short-term extension of borrowing authority does not go far enough. >> what we support is a long- term raising of the debt ceiling so that we don't have any doubt or uncertainty for businesses or the global economy about the s
passed a short term debt ceiling deal. the u.s. house of representatives gave the okay to a republican plan to suspend the debt limit until may 19. democrats in the senate now say they'll pass it too. darren gersh reports. >> reporter: the debt ceiling suspension came with a couple strings attached. if senate democrats don't pass a budget-- something they haven't done for four years-- members of congress won't get paid until they do. >> this bill simply says, "congress, do your job." when i grew up in wisconsin, if you had a job and you did the work, then you got paid. if you didn't do the work, you didn't get paid. it's that simple. >> house democrats called the pay ploy a gimmick and said a 90 day reprieve from default simply moves the crisis back. >> for the last two years, we've heard from our republican colleagues economic uncertainty is bad for the economy. guess what? it is. and yet that's exactly what you are doing. another big dose of economic uncertainty. >> reporter: republicans shifted gears on the debt ceiling after a strategy session last week. worried that they have lost
timely, because we are just days away. after monday as we start to move toward debt ceiling conversation and spending cuts get placed on the table, the poor are likely to take it on the chin, and that is why we are having this conversation live on c-span. our web site is a futurewithoutpoverty.com. have we lowered our expectations? i wonder what we say to fellow citizens who have lowered expectations. there is always a debate about what the proper role of government ought to be, and i suspect we are going to get into more conversation over the coming days as to what the role of government should be, what are our expectations, are they too low, and some people will say they are too high. talk about expectations. what do we have a right to expect in the richest nation in the world? >> i think it is important about what should be done, it is not theory. it is actually being done in countries around the world with demonstrated, of proven results, so every child in many countries of europe start out with preschool, and the results are unlike this country there is not hereditary problems. if i
, and we are going to see this in the debt ceiling. if you are right about this, there are people in trends in congress. they come from districts. they come from states where this is not their issue, so congress is polarized around the issue of poverty. we said there is a bipartisan consensus parliament does not matter. if you are right about your assessment, how do we imagine the plight of the four is going to get a dress? >> just what you have been giving these lawyers about. -- these blurbs about. people have to stop being silent. anytime i get a phone call in my office i believe at least 50 of my constituents believe the exact same thing. if you start calling your congress people and senators and saying to them you want to address poverty, trust that they listen. do not just assume or be angry when you turn on the news that television cannot talk to a spirited you have to do it yourself, because if you do not -- television cannot talk to us. you have to do it yourself. people get news media about food stamps, and everyone forgets about it. until we get more voices, until more people rea
for the economy? >> it's very dangerous. if you bump not national debt ceiling even if as critics say the secretary of the treasury can prioritize payments and make the payments on the national debt, the government's going to be a deadbeat on something. it's bills to contractors, its salary obligations, something will happen and at least we've got that off the table for a few months. >> washington does this all the time. they have these short-term fixes. how do you feel about thoughs? >> it's better than nothing. what is the alternative, a government shutdown as we may be facing at the end of march. so if they keep doing these short-term fixes, at least we're not having a calamity. the problem, of course, is the longer you delay a lot of these things, the harder it gets. >> so put politic as side, what is the solution to this budget and debt cries snis. >> well, you remember bill clinton at the convention said arithmetic. it comes down to arithmetic. we've got this yawning gap between what the government takes in and what it spends. and realistically you've got to pov both ends this i
Search Results 0 to 4 of about 5

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